Jadard Common Stock Shares Outstanding vs Retained Earnings Analysis
688252 Stock | 22.97 0.21 0.92% |
Jadard Technology financial indicator trend analysis is infinitely more than just investigating Jadard Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jadard Technology is a good investment. Please check the relationship between Jadard Technology Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jadard Technology A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jadard Technology Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jadard Technology's Common Stock Shares Outstanding and Retained Earnings is 0.85. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jadard Technology A, assuming nothing else is changed. The correlation between historical values of Jadard Technology's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Jadard Technology A are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Jadard Technology's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Jadard Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jadard Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jadard Technology A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Selling General Administrative is expected to grow to about 33.9 M, whereas Tax Provision is forecasted to decline to about 2.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 9.0M | 13.4M | 48.7M | 51.1M | Tax Provision | 58.2M | 570.5K | 3.0M | 2.8M |
Jadard Technology fundamental ratios Correlations
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Jadard Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Jadard Stock
Balance Sheet is a snapshot of the financial position of Jadard Technology at a specified time, usually calculated after every quarter, six months, or one year. Jadard Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jadard Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jadard currently owns. An asset can also be divided into two categories, current and non-current.